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an incredibly difficult political environment and a really challenging fiscal environment as well and that's put a ton of pressure on adhering to the pledge. >> stephen: isn't grover norquist going to bring down the hammer on these guys come midterms? >> it's very hard to say because in some places-- for example south carolina and georgia-- that's very possible. but you have to understand --. >> stephen: real america. >> exactly. but, you have to understand -- hey, i'm from brooklyn, my friend. that's real america, too. (cheers and applause) >> stephen: no, excuse me, calm down, that's "real" america. it's ironic patriotism. >> america has changed a n a lot of ways over 20 years. one of the big changes is that we have a lot more people over the age of 65. and republicans, like democrats, like programs like medicare and social security so when you have a lot more old people, those programs get more expensive and that means that it's hard to keep tax levels exactly where they have been during the bush years. >> stephen: that's fine. but why is this happening publicly. why are people like lindsey g
in a bill rate environment for the self amortization was happening very quickly because interest rates are low and on the other hand, we are in a place and time of property values were declining. this is a policy that might've made sense in 2000, but it doesn't make sense today. and having an office that can really dig into these kinds of information and make policy changes they somewhat were finding. so i'm not going to go into every action that were taking, but i hope what people see from this is we are continuing to be aggressive about taking action and ensuring we can put the phone in the best position possible while balancing the need to provide access to credit for would-be home buyers and healthy neighborhoods in the nation frankly keep this fragile housing recovery going. it's attending medical very much. [applause] >> thank you so much. that was a remarkably clear and informative presentation in a short time. we appreciate that. and now it's my pleasure to introduce our impressive panel. we'll go in order. roberto quercia misdirect her of the usc center for community capital w
what they are doing here and implications in the overall security environment on the korean peninsula, as well as destination. >> anything new? we been hearing some rumblings for some time that there might be some activity on that front. anything new that you can provide in terms of insights into launches or things like that? >> well, i think you're tracking a pretty well. i think from the media today there are indications declared indications of their intention to do what they would call a peaceful satellite launch. and we believe it is in contradictory to the u.n. security council resolutions, that because of the nature of the type of missile they will be firing and the implications it has for ballistic missile type of activity somewhere down the road, and the destabilizing impact that will have on security incitement throughout the throughout the region, not just on the peninsula. >> can you follow up on some of -- was short assessment? they say they have solve whatever problems they had with her april failed launch. what's your assessment? how could they have solve the problem? wh
to create a environment that will make you spend a lot more money. don, i always say the psychology is meeting the environmental forces. you only have to adjust the environment a little bit to change your behavior. it can be used for positive or for corporations to get us to dig into our pocketbooks. >> and they serve you coffee, because it gives you a rush in the restaurant. >> they wish they could serve you wine. >> well, listen about christmas, if they have discovered that holiday music actually makes you buy more. but fast-paced upbeat holiday music doesn't. you need to put on slow to medium-paced music and will spend a lot more. even since, one study in switzerland shows that if they infuse the air of the store with just a light orange scent, shoppers spend even more, so really, we're being highly manipulated when we walk into a mall. >> we're going a little bit off the story, but there was a survey not that long ago, about a man who smells like cinnamon rolls, women are attracted to them. but maybe it is the other way around, the men that came in a woman's home, smelled the ci
. who have good home environments, right? who don't run a crazy ship at home. the kids with a crazy environment, homework hurts then. we have to make it equitable and fair for them to have the same environment to work on the crazy, familiarial problem. >> greg: what is french homework? riding a bicycle with a basket and bah quet? >> andrea: drinking red wine and smoking cigarettes. you got a-plus. >> bob: they go home and get loaded with wine. >> greg: i'm half french. bost you are? >> greg: yes. >> andrea: oh hl la. >> dana: que paso. >> greg: what does that mean? >> dana: what's up in spanish. >> greg: what does vit to do with this? you know who words from a language. >> dana: no. i know more than that. i do. i swear. feliz navidad. that is coming up, how much do they know about fe will beiz navdad? andrea hit the streets to find out. >> can you name tall santa reindeer? >> prancer. >> ♪ on this 12th day of christmas my true love gave to me 12 --" >> geese allaying. >> dana: christmas trivia directly ahead. ♪ ♪ [ male announcer ] you like who you are... and you learned somet
is in it that makes it so bad for your car? it is great for the environment i would assume? >> well, it is made from corn. what is happening a lot of farmers are saying you know what? we'll start producing corn rather than other products. that is why your groceries gotten so expensive. on the other hand what this is very highly corrosive, so corrosive it has to be distributed to gas stations in stainless steel tanks which are hauled by diesel vehicles of all things. but when merged with the gasoline in your gas pump, wherever you pump your gas into the vehicle that's when they merge the two together. what happens is, it is so bad something called phase separation where the ethanol heavier goes to the bottom of the tank. now your vehicle, whether running on e-10 at every gas station which is mandatory or e15 which they would love to shove down our thoughts. what happens, starts off with separation. your gas tank is drying ethanol. so it destroys fuel systems. i have proof because i talk to companies that manufacture fuel lines. they have brand new vehicles with rotted out fuel systems. they have to p
environment, a huge life skill competitive sports in particular, extraordinary gain of american football. >> would you want for christmas? >> record by the dolphins but maybe we are off. we will see. i know i should aim higher. >> happy birthday. we are honored, we appreciate you being here. thank you for watching us. we are thankful for the partnership, thank you for coming out so early. thank you for a fantastic conversation. [applause] >> thank you for having me. >> the supreme court will look at what happened in 2008 by a majority of 6-3 and they are going to say that is a precedent and indiana had -- >> talking about facts, they decided on the indiana case it was constitutional for them to establish i d. they did not say that all of those states would subsequently -- [talking over each other] >> let me finish because you misrepresented what i said. [talking over each other] >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities because it -- somehow we have something missing in our brain.
on both environment and genetics. we have established large networks to collect data and conduct powerful analyses. those networks explore possible causative factors in the environment before, during and after pregnancy. one of these networks published a study that suggests prenatal and early life exposure to car emissions is a factor. in 2012, congress appropriated over $47 million for autism and other developmental disorders. this supports 43 training programs through 41 states and projects for underserved populations. federal agencies also use public-private partnerships to maximize our, such as the nih national data office of research that has an autism depository. this brings together hundreds of researchers and clinicians with tens of thousands of people nationwide affected by asd. there is a call center, web based -- the nih supported the association in the early prevention of autism. in conclusion, since the establishment, wide expertise has come to bear on autism with research rapidly translating into individuals and the community. coordinated efforts to identify best practices t
and create an environment so he could win politically. he set up after this quotation a rare weekend session in the senate where he had two votes . no republican amendments were allowed, and he showed republicans were obstructionists and would not go along with what he thought was good for the country. this was a ploy designed to shift attention from the democrats' ability to go along with what republicans wanted to do to republican saying they did not want to do what democrats wanted to do. he was seeking to control the agenda. that is the real issue here. there are times when minorities of both parties will obstruct the majority because they need or want to. the real issue in the debate today is one of agenda control. -- we have a way to think about this. in political science, if you look at the way house majority participate, it tells us about the way the senate majority is trying to behave today. they try to structure the environment so they can win, and they do so, but controlling the agenda at preventing the minority from participating in the process. that is not a surprise to anyone.
was trying to do, i believe, was set the agenda and create an environment so that he could win politically and set up after the quote, a rare weekend session in the senate where he had two votes, no republican amendments allowed, and he set this up to show that republicans were obstructionists, and that they would not go along with what he said was good for the country, and this was a public relations ploy designed to shift attention from the democrats inability to come along with what republicans wanted to do, which is fine, their prerogative k to republicans saying we don't want to go along with what the democratsment to do. in short, he was seeking to control the agenda, and i think that's the real issue here. certainly, there are times when minorities of both parties obstruct the majority because they need to or want to, but the real issue is one of agenda control. if you -- we actually have a way to think about this, you know, in political science, and, you know, norm knows more than i do, but look at house majority parties, hey, that tells us a lot how they behave today. they try to
, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the am more at thisization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has faced since the de
on t.v. commercials painting themselves as the great greatest friend the environment had. i want to throw up when i see those things on the network news but they are run them all the time. >> absolutely. >> they are slick, you know. they are like those that wal-mart was running, look at these women and minorities that work at wal-mart, you know, and bp, they have these people down there talking about what a great company they are and how much they have done to clean up the environment. so they are waging a huge pr campaign to try to get their reputation back. >> absolutely. i mean it would have been great if, as part of the criminal settlement that the department of justice got that they forced -- that they would have forced bp to disclose what their advertising and marketing budget has been. bp has been giving lots of cash to the tourism bureaus of gulf states. >> yeah. buying them off. >> i am all for the gulf states trying to get folks back to that great part of the country, but we need to be honest here, that this was a corporation that has a lo
state. >> a lot of places have drug-free work environments. now doesn't that come into question at least for today in washington state? is it the same as having a beer at lunch and coming to work? smoke a joint and come to work in what was a drug-free environment? >> it's a wonderful question. the effects will be different depending on one's tolerance. ultimately an employer has as right to expect when they employ people to come to work they are able and fit to do the job for which they were hired. certainly if there is as it relates to alcohol you're not sober and as it relates to marijuana you are a bit hazy of the mind, the employer would legally be well within their rights to take the appropriate action which means if you smoke too much, you're fired. >> guess that's a good answer to a clever conundrum they find themselves in. thank you so much. appreciate it. >>> coming up in ten minutes as well, the los angeles mayor is going to join me. he's going to talk about a federal crackdown on medical marijuana in california and now how all of this might square and he's also going to weigh
improve the public realm on the street level, the pedestrian environment. pedestrian safety enhancements, streetscape improvements to make it a more neighborly, you know, a better design in terms of the feel along the sidewalk of the current moscone that you know now on the north and south side of howard. this project would be run -- funded privately and also with city funding. so the process in terms of the construction contract would fall under our local hiring and our local business enterprise requirements for construction projects issued by the city. so in the past five years, there was a similar assessment district that was called the tourism improvement district. and that district also assesses hotels throughout san francisco. and a portion of that assessment district funds the renovations to the moscone complex, which are finishing up now. and we're very successful and -- based on that partnership through the private funding mechanism and public process, in terms of it being moscone convention center, we feel really confident we can move forward in the same sort of manner with
. paved-over cities have long been criticized for crowding out nature, but recently urban environments have become a sanctuary for wild animals. in galveston, texas, they're roaming the neighborhoods. they set traps, but some pets are missing or have been killed, including this chihuahua, nick >> it is just not an area where you think wild animals would be. i mean, this is galveston island. >> reporter: so why is this happening? >> our cities are getting larger, we're moving into their areas, sometimes we leave food out and wildlife is coming in for it. >> reporter: andhey're increasingly coming in. this is where a deer broke into a carpet store. this one stormed a new jersey yogurt shop, in chicago, a sandwich place. >> get away from my cart. >> reporter: they're not always hungry, these turkeys in connecticut were simply angry birds. >> it was a gang, literally. coming from the mountains, so be careful, the gang is tough. >> reporter: new neighbors, wearing out their welcome, amid the call of the wild, janet shamlian, nbc news, galveston. >>> got to get along out there somehow. >>> u
people and used it for y2k and there are control freaks on the environment. >> have you noticed even in your intro, you heard them citing one scientist. it's never a collection of scientists, never a consensus of scientists, it's always they're referencing of one particular scientists. >> and in fact, it almost is always a consensus of scientists. in this case, one person they were quoting. with all due respect to you, ben, as you like to say, i'll go with the scientists over your opinion on global warming, this is someone who studies it for a living. >> and there are many who have a very different point of view. >> there are a million of people who study it. >> adam, the consensus has not been met among scientists on this issue or that it actually plays a part in the global warming phenomenon they've come up with somehow, so you should probably know that there is not a collective viewpoint. >> and whether there is or not. i think you want to make 100% sure before you plunk down to address something. >> and that's what i worry about. >> i don't want to be like the outsider here. >> g
in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands together hoping to get. they're not going to get an
, immigration, transportation, the environment, and high-tech issues. >> he is also the greatest karaoke sing their -- singer and all of congress. -- in all of congress. [applause] >> he just told me i had five minutes. what do you think of this program? [applause] it is about time. i want to thank francis and fong. i think this is the very first statewide heritage month held with the mayor of san francisco. let me say something about heritage month in san francisco and your mayor. in the old days, you remember san francisco was known for passing all of these anti- chinese ordinances to limit the movement, the productivity of chinese in the city. we know two things. change happens. maybe the state of california is the state of golden opportunities, where we have a chinese-american mayor of san francisco. 35 years ago, congress members passed similar resolutions in both house and the senate to formally recognize the first 10 days of may as asian-pacific heritage week. one year later, president jimmy carter signed into law a joint resolution to officially designate the annual celebration. 11 ye
that await us in the future. >> japan's environment minister nagahama did not address concerns japan will miss its midterm goal of cutting emissions by 25% by 2020. but he promised to continue financial support for developing nations. >> translator: japan will contribute to fight climate change through cooperation with all the countries, including developing nations. >> delegates from industrialized nations say emerging economies should bear an equal burden. they say greenhouse gas emissions are rising rapidly in countries such as china and india. but the senior chinese delegate said industrialized countries should look at their own record. >> translator: we can't change the fact that industrialized nations have long been the main emitter of greenhouse gases and the cause of climate change. >> ministers have only two days to wrap up their discussions. >>> the evacuees of namee town have been away from home for 21 months and it could be years before they return. they were among the people who had to evacuate after the nuclear disaster in fukushima and many are feeling stressed out aft
by the american people and your businesses and the economic environment worldwide. we should not accept going through that. you know, john engler, he and i philosophically do not agree on much -- [ laughter ] >> you know, i am just being honest about john. he ii a great politician. he comes from the other party. he is exactly right when he says the only thing that the debt ceiling is good for is destroying your credit rating. i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggest that they will type negotiations to that feeling both and take us to the brink of default onne again, as part of a budget to go she asian, which, by the way, we have never done in our history, until we did it last year, i will not play that game. with that, let me just say, we have one path where we resolve this fairly quickly. we have some tough spending cuts. we have modest revenue increases. you get business certainty. you do what you do best. and, we then have an open running world next year to deal with a whole host of other issues like in
the heart of the nation, straight ahead. 's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. >> sean: in just a minute we will have some of the details that you don't know about this amazing picture. the woman who took it is going to explain it. >> last night we highlighted similarities between events leading up to the benghazi terrorist attack and the '98 a can bombing of the embassy in kenya. in both situations an decisional security requests were ignored by our state department. we are questioning what susan rice knew before and after both attacks. in the late 90s she was assistant secretary of state for african affairs. my next
's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: only thirty days until the fiscal cliff negotiations are at a stalemate. my next guest wrote the book about the road to the fiscal cliff where he details how the the president's failure to broker a grand bargain between him the gop in july of 2011 is directly responsible for the crisis we now face. joining us the author of price of politics, bob woodward
, that's a target-rich environment is what we refer to california. they raise taxes again. they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't seem to make the leap to say that. and i'm talking about the fiscal cliff now. i wonder if you were at 25% of gdp, if the government had grown to this size where it is right now and you were trying to figure out how to deal with it and you were in charge, would it be all about -- would the first thing you come up with be raising taxes? would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by say
these groups, al-qaeda and others, troy to take advantage of the environment assad has fostered over the last year or so. it is important that they -- that the syrian people get a government out of all of this that is representative of their desires and as separations. they -- aspirations. they don't want to trade one for the other. >> that has been a concern for u.s. policy makers in all of these mideast countries affected by the arab spring. >> what secretary clinton and most others are hoping is president assad will step down. any indication that might happen? >> judging on the pro nuns ments of his -- pronouncements of his top aids, no. they call the talk a pretext for foreign intervention. he equated the regime's potential use with suicide. >> the messages i conveyed from to the leaders of cuba to the leaders of nicaragua and ecuador and venezuela are related to bilateral cooperation and to analyze and to tell them what is happening in syria. i assure you that the president will never, ever leave his country of syria. >> nonetheless, western nations, the so-called friends of syria will b
what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. climate justice, in a nutshell, me
of their people here, in this environment, there is little reason to lock at promising u.s., what is attracting money to places like switzerland, that it is not, inhibiting capital forming a and grrwth, we are. this has been developinn under republicans and democratic presidents alike with rules and regulations this is a very unfriendly environment to business. >> tax -- real tax rate for the large corporations, many who pay no federal income tax is 17%, it is not 35% or 30%, that is the tax rate, due to all loopholes. neil: i know, we can get into this argument. the real tax rate in japan now north of 13%, we can go back and forth on this but trend is up here, there are a lot of countries where reversing or slowing there, that is to a businessman looking to expand a good reason to expand. >> let's lower the bar, let's expect these u.s. corporationss3 with their privilages they have been given, as least keep as much money her as percentage -- >> you act like they are doing nothing here. they are hiring people, and growing hire, they have done a well the here, and our thank you to them. >> as we
states, inflict damage, physical and reputational, on the jordanian government in an environment in which all other governments are certainly dealing with their own difficulties right now. >> reporter: all 11 suspects were rounded up by jordanian security forces in mid october. jordanian officials say they'd planned to strike on november 9th, the seventh anniversary of the last al qaeda attack in jordan. when suicide bombers struck three hotels in amman, killing about 60 people. the man who claimed responsible for that attack was al zarqawi who led the group al qaeda in iraq. he was killed by u.s. forces in 2006. but analysts say the recent resurgence of al qaeda in iraq shows an unsettling pattern. >> we thought we had them essentially pushed to the wall and snuffed out to a large degree. some individuals were released from prison in iraq and rejoined this group. and certainly when you have a country that is unstable like iraq and you have tremendous sectarian tension there and violence, the more from the sunni side on to the shiite side, you can't be surprised that a group like al qaeda
in this new environment that we find ourselves in post-election and particularly with respect to the susan rice piece which is -- ha, gender, all these little sexy pieces to it, how do republicans that you're hearing see that? >> it's interesting. i was talking amazingly to more democrats yesterday. they said we just want to have a fight on the floor. we just don't want to have this thing where you can stick something and say i've got a hold on it and nothing happens. we want the american people to have to actually watch. if they don't want susan rice, let them stand on the floor and actually have to talk about it so that the world will see it. and then the people can judge. but it's not like that now. you just stick something in a closet. >> so what's the possibility of their actually being filibuster reform? this comes up after every election cycle. what's so special about now that makes it possible that the republicans and democrats will come together and do this? >> i think there's so much pressure on harry reid to do something. he can do it by himself with his own party's votes. if he
then baked circe wells while also enhancing the environment. although the project on our coast of their job, they were weakened or in the storm not require repairs so were not for mobility future storms. unfortunately the northeast mid-atlantic received more frequent and larger storms like standing in the future. the 70 to find cost-effective ways to ensure projects will continue to protect lives and property. we also need to look into whether adaptive measures. wetlands, oyster beds and sea grass that are cost and can be sustained for years to come. but can also get better results for less money if we allow states more flexibility in managing different sources along the shoreline is a complete set of the system instead as an individual project. this strategy is called regional government man to rent this one that deserves more attention. madam chair and colleagues, i think you've concluded your draft of water resources bill in which i appreciate and i hope we can address that later this year. unfortunately, other areas where this will protect it and saw. this first photo -- this is a new b
, the ryan airs, who continue to take market share and operate in a more difficult economic environment much more so than the flag carriers. however starting to look at the flag carriers again, in particular lufthansa. the iberian side of it will drag earnings down for quite a long time. air france still has significant employment issues. and if you're looking for a relatively undervalued, company which is taking itself and do significant cost cutting which i think it will bring through, you have conglomerate discounted lufthansa. it makes it a more interesting stock. >> at a time when europe doesn't have a lot of demand strength, if we're talking about reducing capacity, that means higher ticket prices and perhaps germany being one place where businesses can afford to pay up. >> i think that it's an element of probably relatively small part of overall. these are global businesses. they need to have global growth. but that is an interesting point for next year. >>'s most important for global demand then? >> with airlines it's about oil prices, in terms of capacity and reduced capacity. and i
. at least we see a deterioration in either the global environment or at least we see domestic growth really fall off from here. as the rba made the point and one that we agree with is that there's still time for these rate cuts which we've had delivered to pass through to the economy itself. we know monetary policy takes between one and two years to have an effect. >> what if on the contrary we get better growth out of china and we see commodity prices go up again and now when we've already had all these rate cuts, is there a risk then to inflation for the country? >> i think there is. that was one thing that the rba pointed to in the november statement, then worried that underlying inflation had ticked up towards the middle of the 2% to 3% target. i think from here, if we do get a scenario like that where the u.s. fiscal issues are resolved, i think the statement the rb after the has given us today probably puts them in a good position to be able to move policy higher if they have to next year in response to higher inflation. >> so what happens to the aussie dollar now? >> well, as i said,
look at jobs report tomorrow, is dismal. we're liking inflationary environment down the road. this is bad news. >> you could could make the argument invite blowing past short term helpful, long term payne full. melissa: spending cuts, tax hikes are very dramatic going over the cliff. when you look at numbers, still is like five to one raising taxes to cutting spending. >> that's right. melissa: no one is really talking about cutting spending. isn't that the first thing you would do? if your fiscal house was in such disarray, household at home, first thing you do is stop spending. no one is doing that. >> what scares me, is that point. whether you agree or disagree hiking taxes i am not a fan of it but i think it will come. we can get past this. charlie gasparino and i have argued this. one of the consequences of the election the president will probably get his way raising most rates. melissa: right. >> i'm not saying i'm a fan. let's get past that, let's make it happen. republicans realize you lost election you didn't suddenly lose your backbone. this should be precursor gett
in this environment inevitable? >> let me just say our prayers are with president bush and i hope he has a speedy recovery. we have had cut after cut after cut in education in the last four years. in this recessionary environment most of the dollars in education are local and state dollars and we have seen 300,000 teacher layoffs, we have seen class sizes spiraling up and this is for the kids who need it most. what the federal dollars in education go for i really targeted programs like early childhood education, when we know that is important, 100,000 kids who get it now wouldn't get it. title i funds go for helping kids to learn how to read in urban areas, something that is absolutely essential. right now because of all the cuts we have had if you had mid year cuts in education like this, we see a lot of kids being hurt. connell: everybody says we need a strong military to be the united states of america but times have changed, there's more technology, the types of wars we have i have changed but me we could have a strong military few spend money in a smart way. in a similar case a lot of credit
played. >> think i bought maybe one in my life. what's interesting, the workplace environment where somebody says you want to get in the pool? i'm always like -- well what if they to win and i happen to say no. >> right. my problem is when i play and i buy two tickets a year. then the numbers come up in a get none of the numbers. i had six numbers i couldn't get one. not one. that's when you start to realize how hard it is. >> it's very difficult. it's interesting because the statistics overall are the same no matter when you're playing it. however, whether you share the pot or not changes when it's a bigger pot because then more people play and the chances go up that you'll win but have to share with someone else. if you win. >> i'm not going win. >> you're still trying to get a number. >> just want one number. >> give him a number. ♪ >>> just about everybody knows what a great basketball player lebron james is and it's no secret why they call him king james. >> now meet prince james with dad handling the video camera 8-year-old lebron james jr. sank a long s
opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> sean: it is very clear that president obama thought he could bully republicans when it comes to tackling the fiscal cliff problem. as my next guest is about to explain the republicans have a secret bargaining chip. joining me texas congressman louie gohmert. the president just dumps all of this, it is not a realistic proposal sends tax cheat, bob woodward didn't like hearing it geithner up it is not a serious proposal. >> of course not. it was intended not to be a serious proposal. he and others -- this goes back to the debt ceiling debate a year and a half ago. back to the continuing resolution debates over and over. they think that if there's a shutdown they think that if we hit a debt ceiling they win a shutdown and they really are pushing. they've been doing in for a couple years thinking gee, we will win po
of taxes going up. how much power does grover norquist wheel in this environment? >> he wheeled power. the invincibility of grover norquist is overblown by us in the media. this tax pledge isn't with grover norquist as it is with taxpayers in the state that whoeted for the conservatives who signed the pledge. i think it's foolish to think there isn't going to be a deal cut. we don't know what the deal will be. it's fool toish think thish to drove us off the fiscal cliff. we're in the political dance now. we've seen this time and time again. there is still three weeks for a deal to be cut. the problem is that the white house threw down a heavy marker yesterday. we'll have to see if they're willing to compromise. it's got to be compromised on both sides. >> that's right. the marker they threw down, kevin, is it the white house says actual tax rates, the top tax rate, 35%, has to go up for the rich. and that limiting deductions won't be enough to get a deal. now you wrote in the atlantic this week that despite that there is a way around this for republicans who don't want to incur the wr
's hard to earn an extra buck in that environment. you're seeing citi, in fact, address those concerns in the layoff announcement today. >> ifill: what does that tell bus the health of the banking sector and whether other big banking institution might be following suit? >> citigroup is not as mump an indicator species as i think people would want it to be. 15 years ago, it was the financial supermarket. it rolled everything together. it's one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the asset they say accummed a decade ago. >> ifill: what we're watching happening at citigroup. does that make them an outlier or a sign of things to come? >> i think
in an environment that meets the security requirements. but the key phrase from the senator, if the political will exists. republican senator john mccain for one says moving the detainees to the united states is not such a good idea. >>> i have great ob jeks to it. i think it would be basically insertion of authority that is clearly not with violation of the existing laws. >>> while senator fine stein talked about cost savings involving kwguantanamo. what do you do with the detainees? the president ordered the closure of gaun tan me b-- guantanamo bay almost four years ago. >>> let's head over to janice dean. she is here with the first degree weather update. >> it is cool out there but we have the coldest spot of the map 20 in maine, 23 in minneapolis. warmest spot los angeles. we are expecting a warm-up across the plains. our alaska forecast ann bailey said we need more alaska. love for alaska. current temperatures minus 28 in fairbanks. it's chilly. satellite radar imagery across the west. we could see 6-10 even 12 inches of rainfall and wind gusts in excess of 70 miles per hour especially
needs to be return odd to a safe environment in her group home. there is no new information and needs to be returned. brian flores ktvu channel 2 morning news. >>> oakland police are investigating the death of a man who was found shot inside his car. officer found the victim just after 8:00 last night. they went there after hearing gunshots in the area and the victim was pronounced dead at the scene and so far no arrests have been made. >>> well the second storm is headed for the bay area right now and this will be stronger than that first one. and along the great highway, they are talking about flooding they are worried about out there, alex? >> reporter: along the great highway, we are near the ocean beach area and that's that first round of rain which did create some street flooding and when you look, the roadway is drying out this morning. a much different scene yesterday though when the national park service was forced to close down the road because there was too much water that was pooling in this area. a man drove through the intersection and his car stalled out part way throu
having an impact on our environment. we had major problems on our shorelines and we need to take a look at shoreline restoration and other issues. we need to be prepared to deal with those issues. as the chairman pointed out we need to deal with the funding of storm infrastructure. you are right, our first obligation is to make sure people who are affected and communities that are affected we do what we can to bring them back where they need to be. we also need to deal with public safety issues because these events will be occurring more frequently in the future. invested -- the beaches have been replenished. it acts as a natural storm break to ocean city in which there are lots of people who live, have homes, etc.. it worked. it prevented a lot more damage that would otherwise have occurred. it is an investment. we make those investments to save lives and property and it did work. i will be coming back to tell you we need to invest and common-sense ways we can deal with the realities, we also need water resources development act, a water bill, you had a hearing on that. we need to move
's with the senate committee of environment and public works. that senator, senator inhofe has referred to global chime change change as an alarmist. why would he say that? maybe because the top three contributers to his political campaign for the top five years are some of the top fossil fuel industries in the campaign. koch industries, murray energy. devon energy. is there any chance that reason can speak louder than money? here to help us answer that question is jefferey sachs. he's comeing to us via skype from new york. thank you for joining us in "the war room"." >> thanks for having me again. it's great to be with you. 12,347 >> jennifer: i appreciate your perspective. even on climb changes blockburg when they put it on the cover of the magazine, how can we get our leaders to take action. >> the president has to put forward a plan. it has to not only acknowledge theeverything that your wonderful show has been discussing, the water level the falling of the water level in the mississippi river. the acidification in the ocean the killing of the shell fish, it's real, okay? it's obvious to the
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